06-20-2015, 11:28 AM
Why does anyone believe labor, whether it's gambling or working 16 hrs a day in a coal mine, should be taxed?
It's an even trade -- time, labor and effort for monies. There is no profit. It's exactly the same thing if private parties trade a red apple for a green apple.
Only profits may be taxed. This is why a person can write off their fuel costs for driving to and from work or why non profits don't pay taxes.
The government/IRS is literally telling us our time and labor are worthless by taxing 'wages'.
It's why the tax code is deliberately confusing and extensive. It's why definitions vary from section to section and why there is nothing definitive about who owes taxes and why it's a 'voluntary' system.
Aside from all that, at least Rand is proposing something. The current system is broken and outta control. More taxes is not the answer.
It's an even trade -- time, labor and effort for monies. There is no profit. It's exactly the same thing if private parties trade a red apple for a green apple.
Only profits may be taxed. This is why a person can write off their fuel costs for driving to and from work or why non profits don't pay taxes.
The government/IRS is literally telling us our time and labor are worthless by taxing 'wages'.
It's why the tax code is deliberately confusing and extensive. It's why definitions vary from section to section and why there is nothing definitive about who owes taxes and why it's a 'voluntary' system.
Aside from all that, at least Rand is proposing something. The current system is broken and outta control. More taxes is not the answer.
-That which we need most, will be found where we want to visit least.-
